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20130113
20130121
Search Results 0 to 6 of about 7 (some duplicates have been removed)
for the debt ceiling proposal. that was from the last time the house republicans threatened the country with defaulting on our debt back in 2011. dennis ross, you probably should have calibrated your place in line a little better. throw a democrat in there ahead of you when you realize that's what you're going to get. get there in time for the repeal prohibition amendment next time. that's more fun. if you have found yourself at home constitutionally -- forgive me, constitutionally incapable of getting excited over having another fight about the debt ceiling this year, if this isn't exciting because it just feels like groundhog day to you, oh my god, i've got reckless brinksmanship fatigue, it is true that it's hard to get excited over something we have done before. it is 2013 now. remember when it happened it was a total disaster. even if you just ignore the political consequences, if you just look at the economic impact, it was a self-imposed economic disaster caused by washington refusing to do something that it needs to do and that it has done dozens of times before. republicans jus
that's at risk from the debt ceiling debacle? but the full faith and credit of the republic itself? how long can we shrug off this grand canyon plunge that's coming? as we did again with another benign day, dow tipped 29 points, and nasdaq advance advanced .22%. this is behavior. is the market actually smarter than you and i think? i'm starting to believe the latter and tonight i'm going to tell you why. first, i don't necessarily want to invest in a country if it doesn't pay its bills. dead beat country, but i don't mind if it can't pay for its bills but for a moment refuses to. it must honor its debts no matter what. i believe passionately that we will pay debts in a timely fashion. congress is supposed to hold the purse strings, but the american people are less stupid than washington thinks they are. they lived through another one of these scares. that time, we were frightened, frightened about what a ratings agency downgrade would mean to the country. do you remember where you were that weekend when we got the downgrade? i know where i was. philadelphia eagles training camp. and the
house republican leaders backed away from threats to use the federal debt ceiling to force cuts in spending agreeing to vote on a new debt limit increase that will last until mid april. the house republicans' new plan would give congress time to pass a budget for the next fiscal year. if no budget is passed house republicans say they'll withhold members' pay. in a statement house majority leader eric cantor said, quote, we must pay our bills and responsibly budget for our future. next week we will authorize a three-month temporary debt increase to give the senate and house time to pass the budget. furthermore if they fail to pass a budget in that time members of congress will not be paid by the american people for failing to do their job. no budget no pay. the president's apparent victory in the debt ceiling skirmish comes three days after the house finally passed a $50 billion aid package for victims of hurricane sandy that the white house had proposed. the vote on tuesday was another show of weakness for republicans as the gop leadership let the bill come to the floor despite
Search Results 0 to 6 of about 7 (some duplicates have been removed)